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The very early results in Kentucky show a massive swing towards Democrats

I highlighted KY-06 as an early district to watch as a barometer of today's vote and now some real results are crossing and betting markets are moving. In Anderson County, the numbers show the Republican Alvarado leading by 19 percentage points. That's good, right? No, it's not because in the prior three House elections, the Republican won that county +48, +54 and +54. So that's around a…

CommodityOilPrice.com

Global Diesel Crunch Set to Last Well Into 2027

While crude oil imports in Asia have reached pre-war levels, imports of refined products remain weak as gasoline and diesel imports from the Middle East have crashed amid reduced refining capacity. Asia’s oil import story these days is a reflection of the global oil markets—crude oil availability has significantly increased since the early summer lows and flows out of the Middle East have largely…

CommodityOilPrice.com

Iran War Doubles Egypt’s LNG Bill as Gas Output Keeps Falling

The war on Iran has doubled what Egypt pays for imported LNG, and Cairo is deferring cargoes into 2027 and burning fuel oil in its power plants to hold down the bill. Egypt’s own output fell to 3.63 bcf/d in August as older fields declined faster than new wells came online, and the petroleum ministry has now extended the deadline for bids on 14 exploration blocks meant to reverse that decline to…

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